Janet Yellen was forced to wave a white flag this week, admitting what was long obvious — the Federal Reserve overestimated the strength of the global economy and will not be able to go through with its planned four rate hikes in 2016. As David Stockman noted in his take down of the FOMC announcement, “Listening to even a small portion of Simple
Earlier this week, Jeff joined Dennis Tubbergen of “Everything Financial Radio” to talk Austrian economics and the bizarre world of negative interest rates. The interview is available on YouTube (below), Mises.org , Soundcloud , iTunesU , and Stitcher
Yuri Maltsev and Jeff Deist discuss Donald Trump, Bernie Sanders, and Western progressives’ silly and enduring love affair with socialism. Mises Weekends is also available on Stitcher , Soundcloud , and iTunesU
TheBestSchools.org , a leading online resource for campus and online education, has named the Mises Institute the 9th Most Influential Think Tank in the United States . The article goes on to note: Named for the famous Austrian School economist, the Institute’s stated mission is to promote “the Misesian tradition of thought through the defense of
We are now living in a post-ZIRP world. On Wednesday , Janet Yellen announced that the Federal Reserve will increase the target Federal Funds rate from 0.00-0.25 percent up to 0.25-0.5 percent. While Wall Street approved of the move, Ryan McMaken notes , “The fact that this is being labeled such a large change underscores just how fragile the
Jeff Deist on the Jay Taylor radio show discussing the Fed’s recent decision to raise interest rates. Jay and Jeff also discuss the IMF’s announcement that it would include the Chinese yuan in the basket of currencies used to calculate the value of special drawing
Merry Christmas and Happy Holidays from everyone here at the Mises Institute! As an exciting year comes to a close, we want to thank all of our incredible members that allow us to do the work we do in advancing Austrian economics, freedom, and peace. In honor of the season, John Denson joined Jeff Deist for a special episode of Mises Weekends to
Our friend Wang Wenbin informs us that his Chinese translation of Ron Paul’s Pillars of Prosperity is now available . Pillars outlines Dr. Paul’s views on welfare, bureaucracy, trade, war, and a a host of other economic topics. This translation adds to the growing list of Austrian economics works available in China, a testament to the growing
Fear is in the air. Central bankers are warning of crisis , stock markets are falling, and even the media is realizing that the economy may not be as stable as our central planners would have us believe. Of course, while mainstream economists fear the falling prices that are on the horizon in our post-boom world , Austrians know that deflation
Even if you can’t make the Houston Mises Circle in person, this Saturday, don’t miss the free live broadcast at Mises.org/Live . Will the libertarian message get swept under the rug over the next year, as the candidates unleash an orgy of statist rhetoric? Or are hopeful cracks beginning to show, as the two parties, mainstream media, academia,
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.